Business, 12.05.2020 22:57 kendrawalraven
NORDAM Group, a firm that specializes in the design and manufacturing of aircraft components, has 150 million shares outstanding and analysts expect NORDAM to have earnings of $450 million this coming year (t=1). NORDAM plans to pay out 55% of its earnings in dividends and they expect to use another 15% of their earnings to repurchase shares. NORDAM’s equity cost of capital is 11%. Its earnings are expected to grow at a rate of 3% per year and these payout rates are expected to remain constant. What is the value of one share of NORDAM stock today?
Answers: 1
Another question on Business
Business, 22.06.2019 15:20
Record the journal entry for the provision for uncollectible accounts under each of the following independent assumptions: a. the allowance for doubtful accounts before adjustment has a credit balance of $500. b. the allowance for doubtful accounts before adjustment has a debit balance of $250. c. assume that octoberʼs credit sales were $70,000. uncollectible accounts expense is estimated at 2% of sales. smith, gaylord n.. excel applications for accounting principles (p. 51). cengage textbook. kindle edition.
Answers: 1
Business, 22.06.2019 15:50
Evaluate a real situation between two economic actors; it could be any scenario: two competing businesses, two countries in negotiations, two kids trading baseball cards, you and another person involved in an exchange or anything else. use game theory to analyze the situation and the outcome (or potential outcome). be sure to explain the incentives, benefits and risks each face.
Answers: 1
Business, 22.06.2019 20:30
Considered alone, which of the following would increase a company's current ratio? a. an increase in net fixed assets.b. an increase in accrued liabilities.c. an increase in notes payable.d. an increase in accounts receivable.e. an increase in accounts payable.
Answers: 3
Business, 22.06.2019 20:40
Aggart technologies is considering issuing new common stock and using the proceeds to reduce its outstanding debt. the stock issue would have no effect on total assets, the interest rate taggart pays, ebit, or the tax rate. which of the following is likely to occur if the company goes ahead with the stock issue? a. the roa will decline.b. taxable income will decline.c. the tax bill will increase.d. net income will decrease.e. the times-interest-earned ratio will decrease
Answers: 1
You know the right answer?
NORDAM Group, a firm that specializes in the design and manufacturing of aircraft components, has 15...
Questions
History, 12.08.2020 07:01
Mathematics, 12.08.2020 07:01
Mathematics, 12.08.2020 07:01
English, 12.08.2020 07:01
